339-1100 Lansdowne Avenue, Toronto, ON

Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13162210

$2,798,000
For Sale
Listed 61 days ago
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3Bedrooms
4Bathrooms
2Garage
2750-2999Sq Ft

About this home

This architecturally significant residence in Toronto's historic Foundry Lofts is a rare showcase of scale, history, and contemporary design. Every detail of this newly reimagined hard loft has been carefully curated, blending bespoke finishes with soaring volumes of space. The main level welcomes with a light-filled gourmet kitchen and dining area framed by exposed brick and expansive two-storey windows. Here, Fisher & Paykel appliances and Taj Mahal quartzite countertops pair with a striking Audo Copenhagen chandelier above the dining table, creating a seductive balance of function and elegance. Ascend a sculptural spiral staircase with integrated lighting and a private three-level elevator that rises through the home, connecting each dramatic floor above. The second level offers a versatile family/media room with an office nook overlooking the main floor, and a 4-piece bathroom, allowing the space to double as a private guest retreat or an additional bedroom as needed. The third-level great room is the heart of the home: crowned with a soaring 29-foot cathedral ceiling and flanked by Crittall-inspired industrial windows that flood the space with natural light. Anchored by a floor-to-ceiling decorative steam fireplace and illuminated by a sculptural New Works chandelier, the room is a masterpiece of scale and atmosphere, complemented by a wet bar + dishwasher, an exposed brick wall, and herringbone floors. The primary suite is a private sanctuary featuring vaulted ceilings, custom built-ins and a breathtaking, luxurious 5-piece ensuite. A second bedroom and an additional 3-piece bathroom share in the property's impressive aesthetic and abundance of space. And just when you thought it was over, a private staircase takes you to a glorious loft with an abundance of natural light and commanding views over the great room below. Located in Davenport, one of "The 39 coolest neighbourhoods in the world in 2025" according to TimeOut Magazine.

Key facts

Property type
Condo Apartment, Loft
MLS®
W13162210
Bedrooms
3 (2 + 1)
Bathrooms
4 (1 half)
Size
2750-2999
Cross streets
Lansdowne Ave & Davenport Rd
Parking
2 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Brick
Maintenance
$1,996/mo
Exposure
North West
Property tax
$6,447 / 2025
Days on market
61
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

Great RoomThird4.09 × 5.56 m

cathedral ceiling(s) · b/i bookcase · wet bar

Dining RoomMain3.15 × 2.87 m

large window · open stairs · elevator

Primary BedroomThird5.69 × 3.00 m

vaulted ceiling(s) · b/i closet · 5 pc ensuite

FoyerMain0.00 × 0.00 m

b/i closet · 2 pc bath · stone floor

Bedroom 2Third4.65 × 3.00 m

b/i desk · built-in speakers · b/i closet

Family RoomSecond5.08 × 4.42 m

overlooks dining · b/i desk · 4 pc bath

KitchenMain5.41 × 4.42 m

centre island · b/i appliances · stone counters

LibraryThird6.50 × 4.04 m

combined w/great rm · b/i closet · built-in speakers

LoftUpper4.57 × 4.01 m

overlooks living · vaulted ceiling(s) · staircase

Moe’s TakeTeam Asgarian · Broker
Above comparables
$2.54Mest. value

Listed at $2,798,000, this home is about 10% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

In Dovercourt-Wallace Emerson-Junction lately, sellers have been getting about 97% of asking and homes sell in about 28 days.

There were not many closely comparable homes right in Dovercourt-Wallace Emerson-Junction, so I widened the search to the surrounding area.

Based on 97 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 97 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.34M, lower than the comparables and worth a second look.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, sold for $960K
  • Size difference +$1.19M
  • Bedrooms +$30K
  • Bathrooms +$30K
  • Adjusts to $2.21M

That comparable adjusts to $2.21M; the $2.54M estimate above is the median of all 97 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.

The assigned public school is Oakwood Collegiate Institute. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$2.46MGreat deal$2.80MOverpriced

Total price vs nearby homes. Fair value about $2.54M, median of 97 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Elevator: rare and valuable for accessibility and resale. Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.98Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1002-1166 Bay Street$3.39MPH304-101 Subway Crescent$999k4503-2045 Lake Shore Boulevard$1.55M

The 3 closest active listings nearby.

See all comparable homes
2.80MThis home3.39M999k1.55MThis home vs active comparables
Live market pulseActive comparables in Dovercourt-Wallace Emerson-Junction · median list $670K
$973this home / sqft
20active listings nearby
61days on market
69sold nearby · 90 days
$735Kmedian sold price
97%of asking, on average

This home lists 11% above the area average of $875/sqft.

60 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Dovercourt-Wallace Emerson-Junction, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Niagara
$701K
Waterfront Communities C1
$652K
Bay Street Corridor
$471K
Church-Yonge Corridor
$627K
Mimico
$590K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Carleton Village Junior and Senior Public School
42%
Carleton Village Junior and Senior Public SchoolPublic · Elementary · 1.0 km awayBelow the GTA average · 42% meet the provincial standard

Affordability & Mortgage

Affordability
$12,752/mo
$540KIncome needed
5.2×Price ÷ income
$2,943Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

83%mortgage
Mortgage $12,752Property tax $537Condo fee $1,996Total carry $15,286

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$11,945per month

Mortgage amount $2,238,400 · 4.14% over 25 years

$559,600Down payment (20.0%)
$2,238,400Loan before insurance
$0CMHC premium
$14,478Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$11,945
Property tax
$537
Condo / maintenance fees
$1,996
Heating
$0
Estimated monthly cost
$14,478

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$56,425
Toronto municipal land transfer tax
$56,425
Estimated closing costs
$112,850

Plus your down payment of $559,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,508/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,345,080Total interest paid
$3,583,480Total of all payments
Principal $2,238,400 Interest $1,345,080
YearPrincipalInterestBalance
1$52,438$90,901$2,185,962
2$54,631$88,708$2,131,331
3$56,917$86,423$2,074,414
4$59,297$84,042$2,015,117
5$61,778$81,562$1,953,339
6$64,362$78,978$1,888,978
7$67,054$76,285$1,821,924
8$69,859$73,481$1,752,065
9$72,781$70,559$1,679,285
10$75,825$67,514$1,603,460
11$78,997$64,343$1,524,463
12$82,301$61,038$1,442,162
13$85,743$57,596$1,356,419
14$89,330$54,009$1,267,089
15$93,066$50,273$1,174,022
16$96,959$46,380$1,077,063
17$101,015$42,324$976,048
18$105,240$38,099$870,808
19$109,642$33,697$761,166
20$114,228$29,111$646,937
21$119,006$24,333$527,931
22$123,984$19,355$403,946
23$129,170$14,169$274,776
24$134,573$8,766$140,202
25$140,202$3,137$0

At the end of your 5-year term

Total paid over the term
$716,696
Principal paid down
$285,061
Interest paid
$431,635
Balance remaining
$1,953,339

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$9,350/mo
$112,200Gross annual rent
2.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.0%
Gross yield
− Property tax $6,447− Condo fees $23,953− Insurance $600− Vacancy & upkeep $12,342Net operating income $68,858

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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